Deals: Page 30
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Roche outbid competing biopharma to secure Spark deal
Spark reached out to three companies, including Roche, about possibly collaborating on its hemophilia A programs. The Swiss pharma, however, was more interested in an acquisition.
By Jacob Bell • March 7, 2019 -
Celgene checks regulatory box for key drug in Bristol-Myers deal
Recent shareholder opposition to the $74 billion buyout has pressured the companies, putting the buyer's rationale for the deal under a microscope.
By Ned Pagliarulo • March 5, 2019 -
Biogen avoids heavy manufacturing lift in latest gene therapy deal
Nightstar's therapies target the eye, which means delivery of the DNA-based treatments is less onerous than it would be in other tissues, Biogen argues.
By Jacob Bell • March 5, 2019 -
Biogen buys Nightstar in search of more eye gene therapies
Shelling out roughly $800 million, the big biotech will get its hands on two mid- to late-stage treatments that it claims could launch in the next few years.
By Jacob Bell • March 4, 2019 -
Bristol-Myers hits a bump on road to Celgene takeover
Wellington Management, the largest institutional holder of Bristol-Myers, said it doesn't support the mega-deal, a position that could unnerve other investors.
By Jacob Bell • Feb. 28, 2019 -
Novartis moves forward on CV drug, paying $150M to Ionis, Akcea
The Swiss pharma will now take the lead on a Phase 3 cardiovascular outcomes study after mulling over Phase 2 data from November.
By Andrew Dunn • Feb. 26, 2019 -
Column
Pharmacquired: What would a Clovis takeout look like?
Wall Street analysts suspect a potential suitor would be a large pharma with a presence in oncology but no access to a PARP inhibitor.
By Jacob Bell • Feb. 26, 2019 -
GE selling off biopharma business in $21.4B deal
Danaher's massive buy bolsters its life sciences unit. GE, meanwhile, plans to strengthen its balance sheet with the cash infusion and is reportedly pausing IPO plans for GE Healthcare.
By Andrew Dunn • Feb. 25, 2019 -
Roche acquires Spark in $4.8B gene therapy play
It's the latest evidence of pharma's growing appetite to expand in a field where Spark has been a leader with development of its approved treatment Luxturna.
By Jacob Bell • Feb. 25, 2019 -
AbbVie returns to Voyager, searching for Parkinson's gene therapy
The R&D deal puts more than $1 billion on the table in milestone payments, as the companies hunt for a one-time treatment for Parkinson's disease.
By Andrew Dunn • Feb. 22, 2019 -
J&J invests in integrin therapies via Morphic deal
Biotech Morphic has landed another big pharma partner just a few months after reaching a development deal with AbbVie.
By Andrew Dunn • Feb. 21, 2019 -
Merck takes a shot on Immune Design
The big pharma put up around $300 million to acquire the immunotherapy company and strengthen its cancer vaccine capabilities.
By Jacob Bell • Feb. 21, 2019 -
As Lilly deal closes, Bayer secures full rights to Loxo's Vitrakvi
With the targeted cancer drug now exclusively held by Bayer, Lilly's buyout of Loxo becomes an $8 billion bet on the promise of the biotech's RET inhibitor.
By Ned Pagliarulo • Feb. 15, 2019 -
Charles River Labs snaps up early-stage CRO for $510M
Acquiring Citoxlab will build out the contract research organization's footprint into Eastern Europe.
By Suzanne Elvidge • Feb. 14, 2019 -
Jazz set to lose rights to Erwinaze after partner cancels deal
While the lost rights would be a hit to Jazz's revenues, the company has a recombinant version of drug that analysts believe could cushion the blow.
By Kristin Jensen • Feb. 13, 2019 -
Lilly lowers 2019 revenue hopes, citing Lartruvo failure
Lartruvo's clinical failure, pricing pressure and an $8 billion acquisition have caused Lilly to shift business expectations for 2019.
By Andrew Dunn • Feb. 6, 2019 -
Xencor inks $120M deal with Roche for preclinical bispecific
The deal puts a notably high valuation on Xencor's preclinical candidate — reflective of Roche's apparent interest in expanding its bispecifics pipeline.
By Suzanne Elvidge • Feb. 6, 2019 -
GSK bets billions more on oncology
The U.K. drugmaker put nearly 4 billion euros on the table to jointly develop and commercialize one of Merck KGaA's investigational immunotherapies.
By Jacob Bell • Feb. 5, 2019 -
'Strategic fit' with Bristol-Myers kept Celgene from casting wider net in deal negotiations
Celgene reached out to only one other company about a potential deal during negotiations with Bristol-Myers over what became a $74 billion buyout.
By Ned Pagliarulo • Feb. 1, 2019 -
J&J inks deal with MeiraGTx for retinal disease gene therapies
The early-stage deal is a sign of growing interest from pharma in advancing gene therapy development, analysts said.
By Suzanne Elvidge • Feb. 1, 2019 -
Voyager vaults higher on Neurocrine deal for Parkinson's gene therapy
Shares in Voyager rose by 40% after news Neurocrine will pay $165 million upfront in a collaboration centered on two experimental gene therapies.
By Andrew Dunn • Jan. 29, 2019 -
Amid controversies, J&J voted most admired pharma
The big pharma has come under fire in recent months for misrepresenting hip implant products and, to a much larger extent, its talc powder business.
By Jacob Bell • Jan. 23, 2019 -
Deep Dive
A flashy 2019 start to pharma M&A, but will it last?
Recent high-profile acquisitions don't fully clear up what the buyer's market will look like in an expected bumper year for dealmaking.
By Jacob Bell • Jan. 22, 2019 -
7 biopharma trends to watch in 2019
Intensifying political pressure, surging cancer drug investment and the rise of pharma chief digital officers are among the factors which look set to shape the industry's next 12 months.
By Ned Pagliarulo • Jan. 17, 2019 -
Lilly rushed its Loxo deal to have a big reveal at JPM
While Lilly's buy sent ripples through the biotech landscape, new information shows the pharma was the only company to bid on the cancer specialist.
By Jacob Bell • Jan. 17, 2019